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Thornton
45 Glenwood Drive
Land Size1740sqm
Building Size470sqm
Car7
Thursday 19 NovemberEnquire Online
Freehold Entry Level Investment With Historical Tenant!
Openn Negotiation Auction

Tenant Hydralink Australia Pty Ltd

Hydraulink are a leading manufacturer and supplier of hose and fittings, with over 400 service points throughout Australia, New Zealand and the Asia Pacific Region. We operate a 24/7 mobile service, allowing you to rely on us whenever you need assistance - anytime, day or night.

It all began in 1945 with the establishment of an engineering shop in central Auckland. The business grew rapidly and soon moved to Pukekohe in 1953. This was also the year manufacturing of hydraulic fittings commenced. The Hydraulink name was adopted in 1973.

Rapid growth continued and following on from 2000, resulted in the company employing over 80 people in New Zealand and Australia. Hydraulink initially sold into Australia, then purchased Auspower in 2001 - acquiring branches throughout the country. Shortly after, in 2013, a new purpose built head office and distribution centre was completed in Penrose, Auckland. The new premises offered all the space needed, plus room for future growth.

Been in 45 Glenwood Drive Thornton since 2013

Lease Term 5 years Commencing 23/09/2026

Rent $76,000pa + OGs + GST

Rental Increases 4% annually

Guarantees 2 month Bank or 2 months Bond

Location

Auction
Thursday 19 November
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